Stock market opens in red amidst global concerns and Gaza tensions

Mumbai: The stock market began the week on a cautious note as global worries and tensions in Gaza weighed on investor sentiment.

The benchmark Sensex and Nifty indices opened lower on Monday, with declines outnumbering advances among Nifty companies.

At the start of the trading session, the Sensex opened 494.23 points lower, commencing at 65,486.61. Simultaneously, the Nifty opened 161.45 points down, initiating trading at 19,492.05.

At 10:19 am, Sensex was trading 232.86 points lower at 65,762.77, whereas Nifty was trading 72.85 points down at 19,580.65.

Among the notable gainers were ONGC, HCL Technologies, TCS, Divi’s Lab, and Dr. Reddy, while Adani Ports, BPCL, TATA Steel, Adani Enterprises, and JSW Steel registered losses.

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